RWA this wave is really taking off—ondo and xstocks have already eaten up 90% of the allocation, Robinhood just entered and is already at 12%, and the pace at which traditional finance is moving on-chain is faster than we thought

CoinDesk, Wu said he learned from DWF Labs data that, as of July 14, the number of tokenized stock holders has exceeded 464,000, up by about 3.8 times from January this year, with the on-chain scale of related assets nearing $1.9 billion. Based on the number of holders, tokenized stock platform xstocks accounts for about 54%, real-world assets platform ondo finance accounts for about 30%, and robinhood crypto, which launched related business recently, has reached about 12%. The combined share of the three platforms totals about 96%.